Alibaba-Owned Daraz Says E-Commerce Demand in South Asia Surging

Apr.22 — Bjarke Mikkelsen, chief executive officer of online retailer Daraz, which is owned by Alibaba Group, discusses the impact the coronavirus outbreak is having on his business. Daraz is active in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal. Mikkelsen speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia.”

In This Story: Bangladesh

Bangladesh, officially the People’s Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 162 million people.

Bangladesh is one of the most densely populated countries in the world.

Dhaka, the capital and largest city, is the nation’s economic, political, and cultural hub. Chittagong, the largest seaport, is the second-largest city.

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  • In This Story: Myanmar

    Myanmar (formerly Burma) is a Southeast Asian nation of more than 100 ethnic groups, bordering India, Bangladesh, China, Laos and Thailand. Yangon (formerly Rangoon), the country’s largest city, is home to bustling markets, numerous parks and lakes, and the towering, gilded Shwedagon Pagoda, which contains Buddhist relics and dates to the 6th century.

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  • In This Story: Nepal

    Nepal, officially the Federal Democratic Republic of Nepal, is a sovereign country in South Asia. It is mainly in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It is landlocked, and borders China in the north and India in the south, east and west, while Bangladesh is located within only 27 km (17 mi) of its southeastern tip and Bhutan is separated from it by the Indian state of Sikkim. Nepal has a diverse geography, including fertile plains, subalpine forested hills, and eight of the world’s ten tallest mountains, including Mount Everest, the highest point on Earth. Kathmandu is the capital and the largest city. Nepal is a multiethnic country, with Nepali as the official language.

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  • In This Story: Pakistan

    Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It has a population exceeding 212.2 million, including the world’s second-largest Muslim population. It has an area of 881,913 square kilometres (340,509 square miles).

    Pakistan has a 1,046-kilometre (650-mile) coastline along the Arabian Sea and Gulf of Oman in the south and is bordered by India to the east, Afghanistan to the west, Iran to the southwest, and China to the northeast. It is separated narrowly from Tajikistan by Afghanistan’s Wakhan Corridor in the northwest, and also shares a maritime border with Oman.

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  • In This Story: Sri Lanka

    Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is an island country in South Asia, located in the Indian Ocean southwest of the Bay of Bengal and southeast of the Arabian Sea. Sri Lanka has been called “the pearl of the Indian ocean” because of its shape and location.

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